Wayfinding Financial LLC Sells 2,855 Shares of Ford Motor (NYSE:F)

Wayfinding Financial LLC cut its stake in Ford Motor (NYSE:F) by 11.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,707 shares of the auto manufacturer’s stock after selling 2,855 shares during the period. Wayfinding Financial LLC’s holdings in Ford Motor were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in F. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor in the fourth quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor in the fourth quarter worth approximately $29,000. Flagship Wealth Advisors LLC purchased a new position in shares of Ford Motor in the fourth quarter worth approximately $30,000. Kentucky Trust Co purchased a new position in shares of Ford Motor in the fourth quarter worth approximately $31,000. Finally, Crewe Advisors LLC lifted its holdings in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on F shares. Wells Fargo & Company lowered their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. JPMorgan Chase & Co. lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Royal Bank of Canada lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Bank of America lowered their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.50.

Ford Motor Trading Up 0.3 %

Shares of F opened at $10.05 on Friday. The company’s fifty day moving average is $9.73 and its 200 day moving average is $10.30. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The stock has a market capitalization of $39.81 billion, a PE ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.